1419 W Bay Avenue

Newport Beach, CA 92661

$3,400,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1940

calendar_month Built

Property Description

TWO (2) ACTIVE SHORT TERM LODGING PERMITS - Welcome to 1419 W Bay Ave, Newport Beach - a rare gem in one of the most desirable coastal communities. This charming property features two (2) transferable short-term lodging permits, making it an exceptional investment opportunity. STLP's are attached to the front upper and lower units and are approved for eight (8) Guests each. In addition to the front units, there is a unit over the garage that can be used as an owners retreat or rented out on a long-term basis. Set on one of the most popular streets on the Balboa Peninsula, this property combines the benefits of an incredible residential location with the lucrative potential of short-term rentals. Enjoy the serene surroundings while being just a short distance from Newport Beach’s renowned attractions, dining, and shopping as well as Marina Park and the American Legion. With its sought-after permits and versatile living arrangements, 1419 W Bay Ave is a standout choice for those looking to capitalize on the coastal lifestyle and investment potential.

Listing Information

Close Price $3,400,000
Close Date Monday, September 30th, 2024
Status Closed
MLS NP24171608
Type Residential Income
Subtype Triplex
Year Built 1940
Lot Size 2,614
Structure Size N/A
DOM 3
Courtesy Of White Sail Realty
Listing Agent Julia Morton DRE#02016387
Co-Listing Agent Orlando Clarizio DRE#01944646

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Tile
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Julia Morton, Orlando Clarizio, White Sail Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 12:59 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.